English Translation of the Text:

PANews, September 20: According to Jin10, Bank of Japan Governor Haruhiko Kuroda stated in a speech that the Japanese economy is in a moderate recovery phase, despite some signs of weakness. Kuroda emphasized that the economic and price outlook will determine the future adjustments to the monetary easing policy, pointing out that real interest rates are still at a very low level. He also mentioned that inflation risks have eased, and the upward pressure on prices from foreign exchange market fluctuations has decreased, giving some time for monetary policy decisions.

He also stated that it is necessary to closely watch whether the US economy can achieve a soft landing or face a more severe adjustment. Recent data show that economic development is in line with expectations, potentially allowing for an upward revision of the core inflation forecast, but overseas trends bring uncertainty. Kuroda affirmed that if economic development meets our expectations, the idea of ​​further raising interest rates remains unchanged.